Innovative Industrial Properties Inc.
Innovative Industrial Buys Michigan Asset, Welcomes LivWell
The company entered into a long-term, triple-net lease agreement with a licensee of LivWell Holdings that is expected to complete some $23 million in tenant improvements.
Marijuana Laws Slowly Impact Industrial CRE
As more and more states legalize the medical and/or recreational use of marijuana, demand for cultivation/grow facilities is on the rise, spurring the repurposing of distribution and warehouse properties to accommodate the budding business.
Innovative Industrial to Purchase 350 KSF Medical-Use Cannabis Facility
The firm will also enter into a long-term, triple-net lease agreement with The Pharm, which is planning certain tenant improvements.
düber Secures $50M Funding for 15 Cannabis Distribution Centers
The company signed an agreement with Vacone Real Estate to acquire, fit out and master lease the properties, which total 400,000 square feet.
Cannabis Cultivation Facility Coming to Maryland
Innovative Industrial Properties has agreed to acquire a 72,000-square-foot building in Capitol Heights, Md., which will be leased and operated by Holistic Industries.